NOT LISTED FOR SALE

507 Cornell St Ottawa, IL 61350

Estimated Value: $136,000 - $160,000

3 Beds
1 Bath
1,179 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $105,000 $89 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,098/month

9 Days on Market

Highlights

  • Property is near a park
  • Heated Enclosed Porch
  • 1 Car Detached Garage
  • Wood Flooring
  • Fenced Yard
  • Living Room

About This Home

As of November 2022

There is plenty of room in this 3 bedroom 1 bath home. Spacious eat-in kitchen with wood cabinets and full updated main floor bath are a few of the great features of this home. The enclosed and heated front porch would make a great office or sitting area and the large fenced backyard is a great outdoor space for get togethers.

Last Agent to Sell the Property

Gina Stoudt

Legacy Realty Latta Young License #471017746 Listed on: 09/11/2022

Last Buyer's Agent

Alice Green

Starved Rock Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,646

Lot Details

  • Lot Dimensions are 56x120
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,179 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Heated Enclosed Porch
  • Unfinished Basement
  • Partial Basement
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Lincoln Elementary: K-4Th Grade
  • Shepherd Middle School
  • Ottawa Township High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Fire Pit
  • Property is near a park

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,646

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1179
  • Room Type: Enclosed Porch Heated
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Fire Pit
  • List Price: 110000
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Elementary: K-4th Grade
  • High School: Ottawa Township High School
  • Middle/Junior School: Shepherd Middle School
  • Middle/Junior School District: 141
  • Elementary School #2: Central Elementary: 5th and 6th Grade

Lot Info

  • Lot Dimensions: 56X120
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 18
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2646.5
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

MLS Schools

  • Other Public Sch Dist: 513
  • Othr Public Sch: Ivcc

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2022
Closed on
Oct 31, 2022
Sold by
Russell Ronald D
Bought by
Walsh Patrick J
Seller's Agent
Gina Stoudt
Legacy Realty Latta Young
Buyer's Agent
Alice Green
Starved Rock Realty
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Views
2
Current Estimated Value
$148,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,890
Avg. Annual Appreciation
12.11%
Original Mortgage
$94,500
Outstanding Balance
$91,664
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$52,605

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 19, 2019
Sold by
Lieske Earl and Fraine Carol
Bought by
Russell Ronald D
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
Gina Stoudt
Fathom Realty IL LLC
List Price
$87,500
Sold Price
$87,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%
Original Mortgage
$84,875
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
Lieske Josephine
Bought by
Lieske Earl and Fraine Carol
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Walsh Patrick J $105,000 None Available
Russell Ronald D $87,500 None Available
Lieske Earl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Patrick J $94,500
Previous Owner Russell Ronald D $84,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $105,000 -4.5% $89 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/18/2022 09/18/22 Price Changed $110,000 -8.3% $93 / Sq Ft
09/12/2022 09/12/22 For Sale $120,000 +37.1% $102 / Sq Ft
06/19/2019 06/19/19 Sold $87,500 0.0% $74 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $87,500 -- $74 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,397 $38,860 $6,826 $32,034
2023 $3,141 $35,736 $6,277 $29,459
2022 $2,848 $32,627 $8,246 $24,381
2021 $2,647 $30,590 $7,731 $22,859
2020 $2,480 $29,166 $7,371 $21,795
2019 $3,470 $31,360 $7,149 $24,211
2018 $2,163 $30,559 $6,966 $23,593
2017 $765 $27,574 $6,815 $20,759
2016 $2,522 $28,814 $6,572 $22,242
2015 -- $27,576 $6,290 $21,286
2012 -- $28,113 $6,413 $21,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11627383

Midwest Real Estate Data (MRED)

APN: 22-14-214010